Gold prices inched up early on Wednesday as investors remained cautious ahead of the release of minutes from the US Federal Reserve's last meeting, which could offer hints on the outlook for the central bank's monetary policy.Spot gold was up 0.1 per cent at $1,281.40 per ounce by 0057 GMT.

US gold futures for December delivery were steady at $1,281.30. The Fed is "reasonably close" to its goals and should keep gradually raising US interest rates to avoid the dual pitfalls of letting inflation drift below target for too long, and of driving unemployment down too far, Fed Chair Janet Yellen said on Tuesday. US home sales increased more than expected in October as hurricane-related disruptions eased, but a chronic shortage of houses which is pushing prices beyond the reach of some first-time buyers remains an obstacle.

The Bank of Japan is dropping subtle, yet intentional, hints that it could edge away from crisis-mode stimulus earlier than expected, through a future hike in its yield target, according to people familiar with the central bank's thinking. Bank of England rate-setters spelled out their differences on Tuesday over the central bank's first interest rate hike in a decade, as they focused on how to determine when low unemployment was about to push up inflation. Following the collapse of German coalition talks, the prospects for a meaningful leap forward in European cooperation, driven by newly minted governments in Berlin and Paris, look dimmer than ever.

The dollar dipped against its peers on Wednesday, weighed down as US Treasury yields failed to rise despite increasing investor risk appetite in the broader financial markets.

Asian shares scaled a fresh decade-peak on Wednesday thanks to surging markets in Europe and America, as strong global growth and rising corporate profits lured hordes of investors into equities.

The global platinum market deficit will rise sharply next year thanks to resurgent demand from the jewellery and industrial sectors and declining production, an industry report said on Tuesday.

Taking positive leads from the global marketNSE 0.00 % and wedding season buying by local jewellers and retailers, gold prices recovered by Rs 80 during the week in the bullion market. Silver too staged a co...

Multi Commodity Exchange has opened new delivery centres for gold in Chennai, Hyderabad, Kochi, Kolkata and Bengaluru. These delivery centres will be in addition to the existing facility in Mumbai and Delhi....

Over nine kg of smuggled gold worth Rs 3 crore was seized in West Bengal's Siliguri area and one person was arrested, an official said on Sunday.
Officers of Directorate of Revenue Intelligence (DRI) from Sil...

India’s polished diamond exports rose by 19.37% and gold jewellery exports (both studded and plain) were up by 8.72% during the month of October, according to provisional data released by The Gem & Jewellery E...

he Gem & Jewellery Skill Council of India in association with The Gem & Jewellery Export Promotion Council and the Gem & Jewellery Domestic Council organised an apprenticeship roadshow at the Park Hotel, Kolka...

A fancy vivid pink diamond just shy of 19 carats—formerly known as the Pink Legacy diamond—was sold to US-based Harry Winston for 50.4 million Swiss francs ($50.2 million) last night (Nov. 13) in Geneva. Accor...